It's been my experience that communication between the agent, lender, and landlord is the most vital part of this process. 

If you have disciplined habits and are committed to not going into consumer debt, I’d recommend buying a cash flowing asset that pays for your liabilities.

They claim Arkansas has no habitability laws.

Due diligence, a defined exit strategy, and consulting professionals are vital steps. feel free to reach out.

The issues brought up about the property isnt habitable will be an issue as the appraiser will need to view the inside of the property.

That is why it is vital to have communication with your RTR rep to run through your scenario. 

If you allow enough freedom and comfort level, the prospective tenant or borrower will reveal what is contained in a credit report or about their credit history.A casual conversation can also reveal the person’s spending habits.

.#5 Property Condition: Assessing the property's condition is vital.

@Mindy Jensen It is funny how often people just blatantly lie about their smoking habits.

If the house has issues you have to address them no matter what it costs if it relates to habitability.